Perseus Materials, a startup focusing on large-scale additive manufacturing for composite parts, has secured a strategic investment from Lockheed Martin. The funding will enable Perseus to expand its team, fulfill initial customer orders, and grow its physical infrastructure. The company’s technology offers a fast, continuous molding process for large, complex structures and aims to address manufacturing needs in defense and marine applications.
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Composite LFAM startup Perseus Materials closes strategic Lockheed Martin investment
Perseus Materials, a startup focusing on large-scale additive manufacturing for composite parts, has secured a strategic investment from Lockheed Martin. The funding will enable Perseus to expand its team, fulfill initial customer orders, and grow its physical infrastructure. The company’s technology offers a fast, continuous molding process for large, complex structures and aims to address manufacturing needs in defense and marine applications.